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after meeting with congressional leaders yesterday, president obama compared the standoff on capitol hill to how average americans handle conflict. >> americans don't have any patience. ordinary folks to their jobs, they meet deadlines, they sit down and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. it needs to stop. >> only if. kristen welker at the white house. good morning to you. a lot happening in d.c. a lot happening on capitol hill i assume, a lot happening at the white house as well. >> it sure is, good morning, it j. all eyes on the senate right now. minority leader mitch mcconnell and majority leader harry reid try to cobble together a last minute deal to avoid the fiscal cliff. this on the heels of the meeting that happened at the white house. and top congressional leaders met for about an hour. source who's have knowledge say the president laid out two options for lawmakers, one, either come up with a plan that can pass th
after meeting with congressional leaders yesterday, president obama compared the standoff on capitol hill to how average americans handle conflict. >> americans don't have any patience. ordinary folks to their jobs, they meet deadlines, they sit down and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. it needs to stop. >> only if....
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down to the wire as president obama and congressional leaders meet at the white house
down to the wire as president obama and congressional leaders meet at the white house
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president obama this morning told "meet the press" the u.s. now has some "very good leads" about who carried out the deadly strike. >> there was sloppiness, not intentional in terms of how we secure embassies in areas where you essentially don't have governments that have a lot of capacity to protect the embassies. so we are are doing a thorough review. not only will we implement all of the recommendations that were made but we will try to do more than that. with respect to who carried it out, that is an ongoing investigation. the fbi has sent individuals to libya repeatedly. we have some very good leads, but this is not something that i'm going to be at liberty to talk about right now. >> the attacks, of course, killed four americans including u.s. ambassador christopher stevens. it happened back in september. how is it now that we are getting "good lead is" four months later and why haven't there been any arrests? joining us is the former ambassador to the united nations and fox's contributor are john bolton who joins us every sunday about t
president obama this morning told "meet the press" the u.s. now has some "very good leads" about who carried out the deadly strike. >> there was sloppiness, not intentional in terms of how we secure embassies in areas where you essentially don't have governments that have a lot of capacity to protect the embassies. so we are are doing a thorough review. not only will we implement all of the recommendations that were made but we will try to do more than that. with...
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with president obama. the closed-door meeting was an attempt to avoid the automatic tax hikes and spending cuts set to king at the start of the new year. >> we had a constructive meeting today. senator reid and senator mcconnell are discussing a potential agreement where we could get a bipartisan bill out. >> reporter: at the present time reminded lawmakers thers
with president obama. the closed-door meeting was an attempt to avoid the automatic tax hikes and spending cuts set to king at the start of the new year. >> we had a constructive meeting today. senator reid and senator mcconnell are discussing a potential agreement where we could get a bipartisan bill out. >> reporter: at the present time reminded lawmakers thers
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. >>> just a few more hours until president obama's meeting with the four congressional leaders, just four more days until the country, all of us americans go off the cliff. why this might just work out. >>> plus the connection between sex and the fiscal cliff. sex and the fiscal live? really. according to dr. ruth. yeah, don't shake your head at me. there really is a connection. >>> besides president obama, who was the biggest political winner of 2012 and why? find us on facebook. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> well, i think this is a very pivotal point for our country. we have to get beyond people sort
. >>> just a few more hours until president obama's meeting with the four congressional leaders, just four more days until the country, all of us americans go off the cliff. why this might just work out. >>> plus the connection between sex and the fiscal cliff. sex and the fiscal live? really. according to dr. ruth. yeah, don't shake your head at me. there really is a connection. >>> besides president obama, who was the biggest political winner of 2012 and why? find...
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. >> president obama meets later today with congressional leaders in one last effort to make a deal before the deadline. major garrett is at the white house. good morning. >> reporter: good morning, rebecca and jeff. in just a couple of hours at the white house the president meets with all the key congressional leaders, top democrats harry reid and nancy pelosi leading republicans mitch mcconnell and john boehner. no deal can be reached in past without their cooperation. with the meeting comes a glimmer of hope. in the past all the ifisical cliff talks meetings like this have been the least productive of all. whether he meant to or not the senate majority leader may have spoken for a nation exhausted by seemingly endless fiscal cliff negotiations. >> what's going on here? >> reporter: what indeed. president obama returned to the white house in a grim mood. he met with no congressional leaders and said nothing about his efforts to avert the fiscal cliff, talks continue between senior white house and congressional staff, but that's been true throughout this entire saga. with the deadline loo
. >> president obama meets later today with congressional leaders in one last effort to make a deal before the deadline. major garrett is at the white house. good morning. >> reporter: good morning, rebecca and jeff. in just a couple of hours at the white house the president meets with all the key congressional leaders, top democrats harry reid and nancy pelosi leading republicans mitch mcconnell and john boehner. no deal can be reached in past without their cooperation. with the...
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. >> reporter: president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the closed door discussions are an attempt to reach a last minute agreement to avoid automatic spending cuts and tax increases due to kick in january 1st. >> probably the worst case scenario will come out of this meeting today and that is we will kick the can down the road. >> reporter: senator bob courter told cbs this morning he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something. let me just say one more time this is a total dereliction of duty at every level. >> reporter: going over the cliff would affect 88% of u.s. taxpayers whose taxes would go up on average $3,500 a year. many americans are frustrated the showdown has gone down to the last minute. >> they're playing games with people's lives. i don't think that'
. >> reporter: president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the closed door discussions are an attempt to reach a last minute agreement to avoid automatic spending cuts and tax increases due to kick in january 1st. >> probably the worst case scenario will come out of this...
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so president obama at this hour waiting to see what comes out of the meeting with vice president joe biden and democrats. he and the white house feel confident moving forward with this deal, they believe it is a good deal and believe it has a strong chance of passing the senate. and then ultimately through the house, melissa? >> do you think there is a chance we may actually hear from the president tonight? >> reporter: i think that is unlikely as this hour. i also think it is unlikely before both chambers take a vote. i think that what is more realistic, and we have not gotten any guidance, the white house not weighing in on this, at all. but i think if we had to guess i would say we would probably hear from him tomorrow as opposed to tonight. it is getting late. and of course the talks are ongoing. and there is a lot of process that has to unfold before folks go to bed tonight. so i think that the more likely scenario, if it moves through both chambers, will be tomorrow if it actually does. >> kristen welker, and we have lots more, and what appears to be a last-minute breakthrough
so president obama at this hour waiting to see what comes out of the meeting with vice president joe biden and democrats. he and the white house feel confident moving forward with this deal, they believe it is a good deal and believe it has a strong chance of passing the senate. and then ultimately through the house, melissa? >> do you think there is a chance we may actually hear from the president tonight? >> reporter: i think that is unlikely as this hour. i also think it is...
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the 11th he hour scramble after a crucial meeting on friday, between president obama and the leaders of the house and senate and urged lawmakers to urge them to do whatever it takes to cut a deal. >> i'm modestly optimistic that an agreement can be achieved. nobody is going to get 100% of what they want, but let's make sure that middle class families and the american economy and the world economy aren't adversely impacted because people can't do their jobs. >> chief congressional correspondent mike emanuel is live in washington with the latest, mike. >> heather discussions are underway and i'm told we should not expect any news or announcements before senators are briefed tomorrow afternoon. after a meeting with the president late friday, the senate majority leader sounded cautiously optimistic. >> we have one meeting in the white house that was very constructive and we hope it will bear fruit and that's what we hope to learn. i think that the next 24 hours will be very instructive as to what we're able to accomplish. >> reporter: sources say house speaker john boehner deferred to se
the 11th he hour scramble after a crucial meeting on friday, between president obama and the leaders of the house and senate and urged lawmakers to urge them to do whatever it takes to cut a deal. >> i'm modestly optimistic that an agreement can be achieved. nobody is going to get 100% of what they want, but let's make sure that middle class families and the american economy and the world economy aren't adversely impacted because people can't do their jobs. >> chief congressional...
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president obama met with congressional leaders for several hours at the white house today to try to hammer out a deal before taxes go up on more than 160 million americans. after the meeting, the president presented a new plan to avoid the cliff and said he was modestly optimistic. >> we had a constructive meeting today. senators reid and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over into the house and done in a timely fashion so that we met the december 31st deadline. given how things have been working in this town we have to actually wait and see until it actually happens. the one thing that the american people should not have to wait and see is some sort of action. so if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor. and i have asked senator reid to do. this put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment insurance is still available for 2 million people, and that lays the groundwork then for additional deficit reduct
president obama met with congressional leaders for several hours at the white house today to try to hammer out a deal before taxes go up on more than 160 million americans. after the meeting, the president presented a new plan to avoid the cliff and said he was modestly optimistic. >> we had a constructive meeting today. senators reid and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over into the house and done in a timely fashion so...
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hawaii's democrats will meet today to send three names to the governor. reports are in endorsed congresswoman henabusa. >>> the former president was in the hospital for christmas. >>> president obama and first lady michelle visited u.s. service members yesterday in hawaii. the commander in chief wished the troops a merry christmas. >> obviously, we are still in a wartime footing. there are still folks as we speak who are overseas, especially in afghanistan, risking their lives each and every day. you have an entire country behind you and that all of us understand that we would be nowhere without the extraordinary service that you guys provide. and so, we want to say thank you. we love you. >>> hotel rooms in the nation's capital are not booking up as fast as they were four years ago. officials expect between 600,000 and 800,000 for the president's second inauguration, less than half compared to four years ago. >>> netflix had a major fail. who's to blame and will you get a refund, that's coming up. th cy to help minimize blood sugar spikes. [ male announc
hawaii's democrats will meet today to send three names to the governor. reports are in endorsed congresswoman henabusa. >>> the former president was in the hospital for christmas. >>> president obama and first lady michelle visited u.s. service members yesterday in hawaii. the commander in chief wished the troops a merry christmas. >> obviously, we are still in a wartime footing. there are still folks as we speak who are overseas, especially in afghanistan, risking their...
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president, welcome back to "meet the press." >> it's great to be here. thank you. >> so the obvious question, are we going over the fiscal cliff? >> well, i think we're going to find out in the next 48 hours what congress decides to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended, and they're all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they're less likely to hire, and the whole economy could slow down at a time when the economy's starting to pick up and we're seeing signs of recovery in housing and employment numbers improving. and so what congress needs to do, fir
president, welcome back to "meet the press." >> it's great to be here. thank you. >> so the obvious question, are we going over the fiscal cliff? >> well, i think we're going to find out in the next 48 hours what congress decides to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended, and they're...
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president obama meets with the top congressional leaders. no deal can be reached impasse without their meeting. so far the fiscal talks have been when all four of these leaders have been present. >> whether he meant it or not, it seems exhaustive. >> i mean what's going on here? >> what indeed. president obama returned to the white house in a grim mood. he met with no congressional leaders and said nothing about his efforts to avert the fiscal cliff. talks continue between senior white house and congressional staff, but that's been true throughout then tire saga. with the deadline looming there were dire predictions. >> come the first of this year, americans will have less income than they have today. >> and rekrimm nations. >> now republicans have bent over backward. we've stepped way, way out of our comfort zone. we wanted an agreement, but we had no takers. >> the senate's top democrat said it has nothing to do with phone calls but house republican obstruction. >> thehouse of representatives is operating without the house of representativ
president obama meets with the top congressional leaders. no deal can be reached impasse without their meeting. so far the fiscal talks have been when all four of these leaders have been present. >> whether he meant it or not, it seems exhaustive. >> i mean what's going on here? >> what indeed. president obama returned to the white house in a grim mood. he met with no congressional leaders and said nothing about his efforts to avert the fiscal cliff. talks continue between...
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that is not the case because president obama doesn't propose serious budgets. >> sean: senator toomey, how is this going to work because speaker boehner tried to pass a plan b. the president in the meeting today is insisting on raising taxes on small business and individuals over $250,000. but yet he wants to work through the senate. how how does this get through the house when they couldn't get it with a million dollars limit? >> well, first -- >> sean: or a million dollars cutoff. >> i don't know where the threshold might end up in the negotiations. my suspicion is that is perhaps one of the topics under discussion and second point i would make i think a part of the reticence is because they were afraid what would happen when it got over to the senate. if there is a reason package that can attract a lot of republican support in the senate then i think the prospect in the house improves dramatically. all depends on what is in the deal but that is a scenario that i think is plausible. >> sean: gentlemen, thank you both for spending time. happy new year and appreciate you being with us
that is not the case because president obama doesn't propose serious budgets. >> sean: senator toomey, how is this going to work because speaker boehner tried to pass a plan b. the president in the meeting today is insisting on raising taxes on small business and individuals over $250,000. but yet he wants to work through the senate. how how does this get through the house when they couldn't get it with a million dollars limit? >> well, first -- >> sean: or a million dollars...
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president, welcome back to "meet the press." >> great to be here. thank you. >> the obvious question, are we going to go over the fiscal cliff? >> we'll find out in the next 48 hours what congress will decide to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended, and they are all about to expire at the end of the year. so on midnight december 31, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they are less likely to hire, and the whole economy could slow down at a time when the economy is actually starting to pick up. we are seeing signs of recovery in housing and in employment numbers improving. and so what congress needs to do, first and foremos
president, welcome back to "meet the press." >> great to be here. thank you. >> the obvious question, are we going to go over the fiscal cliff? >> we'll find out in the next 48 hours what congress will decide to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended, and they are all about to expire at the end...
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on "meet the press." >>> and now to the weather. and more snow is on the way as we head into the new year's weekend, and that may not be the end of it. the weather channel's chris warren joins me now. chris, good evening. >> good evening to you, too, natalie. we are watching a storm right now developing that will bring some snow to the northeast. the satellite does show that storm right now taking shape in the southeast, and it is going to move into the northeast. it's tapping into some gulf of mexico moisture. we're going to watch the timing right now. tomorrow morning, snow will be flying in the ohio valley throughout much of pennsylvania. during the day, moving into philadelphia, new york city and then into connecticut and boston by the evening. some of this blue in here, as the storm intensifies, that blue indicates some of the heavier snow. when it's all said and done, we're going to see several inches of snow in some spots. but it's going to be a fast-mover. by tomorrow night, this storm really wrapping up. here's a look at so
on "meet the press." >>> and now to the weather. and more snow is on the way as we head into the new year's weekend, and that may not be the end of it. the weather channel's chris warren joins me now. chris, good evening. >> good evening to you, too, natalie. we are watching a storm right now developing that will bring some snow to the northeast. the satellite does show that storm right now taking shape in the southeast, and it is going to move into the northeast. it's...
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. >>> and coming up, david gregory's interview with president obama on "meet the press." our special coverage will continue after this. ♪ [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americans 50 and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. >>> with the clock winding down to the fiscal cliff, no one is even talking about a grand bargain anymore
. >>> and coming up, david gregory's interview with president obama on "meet the press." our special coverage will continue after this. ♪ [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americans 50 and over for generations. so it's no...
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and on friday congress meets in joint session to confirm barack obama as the official winner of the presidential election. and still on the subject of washington, here's norah o'donnell who will be filling in for bob scheiffer this morning on "face the nation." good morning, norah. >> will there be massive tax increases and steep spending cuts in 2013? we'll talk about the fiscal cliff to senator dick durbin and senator tom coburn on face the nation. >> osgood: next week here on sunday morning, a conversation with general stanley mcchrystal. and we catch up with actress laura durn. my doctor diagnosed it as fibromyalgia, thought to be the result of overactive nerves that cause chronic widespread pain. lyrica is believed to calm these nerves. i learned lyrica can provide significant relief from fibromyalgia pain. and for some people, it can work in as early as the first week of treatment. so now i can do more of the things that i enjoy. lyrica is not for everyone. lyrica may cause serious allergic reactions or suicidal thoughts or actions. tell your doctor right away if you have these, new or wor
and on friday congress meets in joint session to confirm barack obama as the official winner of the presidential election. and still on the subject of washington, here's norah o'donnell who will be filling in for bob scheiffer this morning on "face the nation." good morning, norah. >> will there be massive tax increases and steep spending cuts in 2013? we'll talk about the fiscal cliff to senator dick durbin and senator tom coburn on face the nation. >> osgood: next week...
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reluctant to embrace during his interview with nbc's david gregory on "meet the press" sunday. >> we have an armed guard. like at every school in the country, that is what the nra believes could work. >> i am not going to prejudge the recommendations given to me. i am skeptical the only answer is putting more guns in schools. >> joining us now the mayor and chief zek stiff of marlboro township in new jersey and has decided to place armed guards at his schools when they return from vacation this week. thanks for joining us. happy new year. >> so you are a democrat but you do support the idea of having more security in schools. why and what have you decided to do in your township? >> as mayor of my town i'm in charge of security. and i don't make federal policy. i don't make state policy. i'm not making a statement on the nra. we need to keep our 8,000 school children safe. with the unfortunate events that happened in newtown, connecticut the only way we could take immediate steps is put a police officer, a trained professional in our schools until we could realize what other security
reluctant to embrace during his interview with nbc's david gregory on "meet the press" sunday. >> we have an armed guard. like at every school in the country, that is what the nra believes could work. >> i am not going to prejudge the recommendations given to me. i am skeptical the only answer is putting more guns in schools. >> joining us now the mayor and chief zek stiff of marlboro township in new jersey and has decided to place armed guards at his schools when...
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president obama says 250,000, maybe i think 350,000 is the line. maybe someone else, 500,000, maybe someone else, 150. we can meet somewhere. >> that threshold is a big issue, how high do you extend the tax cuts. tom harkin says they offered keeping it 460,000 for couples. >>> we have watched the timetable kind of slide forward and backward today. a 1:00 deadline, three 3:00, then 6:30 and then 4:00. are you hearing anything about a timeline tonight? >> hearing the senate majority leader talking about tomorrow's schedule, coming back at 11:00 a.m., that seems to be punting into tomorrow and certainly things can move quickly when there's a deal but the question is, will there be a deal. >> mike emanuel, we'll bring you back as news warrants. >>> we want to go to the white house where president obama is keeping a eye on capitol hill. the president making his case and pressing lawmakers to reach a deal. when asked about the fiscal cliff in an interview today. ed henry is live from the white house. the president seemed to be aggressively pushing his me
president obama says 250,000, maybe i think 350,000 is the line. maybe someone else, 500,000, maybe someone else, 150. we can meet somewhere. >> that threshold is a big issue, how high do you extend the tax cuts. tom harkin says they offered keeping it 460,000 for couples. >>> we have watched the timetable kind of slide forward and backward today. a 1:00 deadline, three 3:00, then 6:30 and then 4:00. are you hearing anything about a timeline tonight? >> hearing the senate...
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obama gave lawmakers two options. either come up with a bill that can pass both houses or allow a vote on his plan which among other things would extend unemployment benefits and tax breaks for those making $250,000 or less while allowing rates to raise on wealthier americans. something many republicans oppose. on capitol hill, glimmers of hope. >> we'll be working hard to try to see if we can get there in the next 24 hours. and so i'm hopeful and optimistic. >> i'm going to do everything i can. i'm confident senator mcconnell will do the same. everybody, this is -- whatever we come up with is going to be imperfect. >> reporter: a republican aide said house speaker john boehner is awaiting senate action before weighing in. earlier in the day, some republicans blamed the president for the impasse. >> i agree that it is the president's responsibility to lay out a plan and to bring people together. but it's a total dereliction of duty, and candidly a lack of courage to deal with these issues. >> reporter: the uncertainty
obama gave lawmakers two options. either come up with a bill that can pass both houses or allow a vote on his plan which among other things would extend unemployment benefits and tax breaks for those making $250,000 or less while allowing rates to raise on wealthier americans. something many republicans oppose. on capitol hill, glimmers of hope. >> we'll be working hard to try to see if we can get there in the next 24 hours. and so i'm hopeful and optimistic. >> i'm going to do...
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. >> at yesterday's white house meeting, president obama did not offer negotiators anything new. he just tried to sell them on the same plan he outlined last friday, being called plan c. since the president's plan a and speaker boehner's plan b both failed to gain traction. plan c would extend middle class tax rates and we're told the senate wants to tweak exactly who counts as being in the middle class. maybe even raising the income threshold and the white house is apparently willing to go as high as 4 or $500,000 a year. plan c would expand unemployment benefits for the 2 million people set to lose them at the end of this year. it would include a small amount of spending cuts but would not touch entitlements like medicare and not deal with the debt limit right now. >> i am modestly optimistic that an agreement can be achieved. nobody is going to get 100% of what they want. but let's make sure that middle class families and the american economy and in fact the world economy are aren't adversely affected because people can't do their jobs. >> and today lawmakers are in staff leve
. >> at yesterday's white house meeting, president obama did not offer negotiators anything new. he just tried to sell them on the same plan he outlined last friday, being called plan c. since the president's plan a and speaker boehner's plan b both failed to gain traction. plan c would extend middle class tax rates and we're told the senate wants to tweak exactly who counts as being in the middle class. maybe even raising the income threshold and the white house is apparently willing to...
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if the senators don't like it, it's a bad sign and president obama will left his hawaiian vacation to come and work on this, says if we do go off the cliff once again it would be very bad for the economy. >> we just can't afford a politically self-inflicted wound to our economy. the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. the housing market is healing and that could stall and people see smaller paychecks. >> reporter: and told us last night there's been no major progress. back to you. >> juliet: oh, well. >> dave: and we heard about on friday seemed to dried up. >> clayton: so cautious. >> juliet: i would say i appreciate cautious. >> clayton: well, much has been made about this $250,000 cap that's where the president initially wanted to raise the-- raise revenues taxing anyone over-- making over $250,000 for the household. so, $200,000 for a single person and $250,000 for a married couple. now, it seems like that number is being shifted because oh, much has come out about that $250,000 range, right? that if you're
if the senators don't like it, it's a bad sign and president obama will left his hawaiian vacation to come and work on this, says if we do go off the cliff once again it would be very bad for the economy. >> we just can't afford a politically self-inflicted wound to our economy. the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. the housing market is healing and that could stall and people see smaller paychecks. >>...
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and president obama, lawmakers meet 3 p.m. on the fiscal cliff at the white house today. markets are going to be watching that real close, but of course, the markets close about an hour after the meeting starts. so, that meeting probably won't have much impact on the markets themselves unless there are leaks about what might happen. until then, any developments out of d.c. i'v i have are going to drive this market. we're calling it sound bite trading. we're covering it. the opening bell is next. want to know what i did in the last five hours? i played a round of golf. then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how you ask? with 5-hour ergy. i get hours of energy now -- no crash later. wait to sethe next five hours. >>> just a few seconds from the opening bell, there are no government reports in the news background today. all we've got is a 3 p.m. meeting at the white house between the top two democrats and the top two
and president obama, lawmakers meet 3 p.m. on the fiscal cliff at the white house today. markets are going to be watching that real close, but of course, the markets close about an hour after the meeting starts. so, that meeting probably won't have much impact on the markets themselves unless there are leaks about what might happen. until then, any developments out of d.c. i'v i have are going to drive this market. we're calling it sound bite trading. we're covering it. the opening bell is...
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Dec 28, 2012
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. >>> with just four days before the deadline, president obama meets with congressional leaders today in hopes of reaching a compromise. >>> and less dairy for your dollar. without action by congress by new year's day, milk prices could skyrocket. >> if we want to continue to eat, the bill needs to be passed. that's where we get our food, people. captioning funded by cbs >>> this is the "cbs morning news" for friday, december 28th, 2012. good morning. good to be with you. i'm duarte geraldino. this afternoon president obama will meet with congressional leader to try to come to a deal to avoid the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding b
. >>> with just four days before the deadline, president obama meets with congressional leaders today in hopes of reaching a compromise. >>> and less dairy for your dollar. without action by congress by new year's day, milk prices could skyrocket. >> if we want to continue to eat, the bill needs to be passed. that's where we get our food, people. captioning funded by cbs >>> this is the "cbs morning news" for friday, december 28th, 2012. good morning....
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tara mergener for cbs news, washington. >>> today's meeting will be the first time president obama and all four leaders of the house and senate have met in person since november 16. >> time to get it done. >>> secretary of state hillary clinton will be back to work next week after three weeks off after a concussion she suffered when she fainted fighting a stomach virus. she is looking forward to resume her schedule, including testifying before congress about the deadly attack on the u.s. consulate in libya last september. >>> retired general known as "stormin' norman" has passed away. norman schwartzkopf died of complications from pneumonia yesterday in his home in florida. he was raised in the army and spent his life in fact military of. while in vietnam he famously rescued a wounded soldier by marking land mines with shaving cream. of course later he commanded the american led coalition in the iraq war. schwartzkopf was 78. >>> time now 6:10. families torn apart before they even meet their children. the political issue causing russia to ban american adoptions. >> plus it happened aga
tara mergener for cbs news, washington. >>> today's meeting will be the first time president obama and all four leaders of the house and senate have met in person since november 16. >> time to get it done. >>> secretary of state hillary clinton will be back to work next week after three weeks off after a concussion she suffered when she fainted fighting a stomach virus. she is looking forward to resume her schedule, including testifying before congress about the deadly...
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Dec 26, 2012
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president obama meeting with the most respected ceos. ceos. and they convince them to take the path of prosperity? progressive claims. this is flo. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. mortgage. married. two great kids. he wants to protect his family with a $500,000 term life insurance policy. what do you think it'll cost him? a hundred dollars a month? sixty? forty? actually none of the above. john can get a $500,000 policy -from a highly rated insurer - for under $25 a month. his secret? selectquote. selectquote is impartial. they'll search the pick of insurers like these to give you a choice of your best prices. selectquote has great savings on term life for women, too. john's wife carrie, can get a $500,000 policy for under $16 a month. selectquote has helped make term life insurance affor
president obama meeting with the most respected ceos. ceos. and they convince them to take the path of prosperity? progressive claims. this is flo. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. mortgage. married. two great kids. he wants to protect his...
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Dec 28, 2012
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this afternoon president obama will meet with congressional leader to try to come to a deal to avoid the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehensive. they're not committing to projects. they're waiting to see what happens with the fiscal cliff. >> hope is fact if congress can get it done before january 1st. even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, a
this afternoon president obama will meet with congressional leader to try to come to a deal to avoid the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away,...
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Dec 29, 2012
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cuts that take effect january 1. >> the hour-long meeting with president barack obama was the first face-to-face session together with both republican leaders of the latest fiscal crisis. obama said he was modestly optimistic about the agreement by senate leaders on a compromise bill that could be voted on by monday. that is just two days before 6 under billion dollars of automatic tax hikes and spending cuts begin to take effect -- $600 billion of automatic tax hikes and spending cuts take effect. >> we want to make sure that unemployment insurance is still available for 2 million people and lay the groundwork for additional deficit reduction and economic growth steps to take in the new year. but let's not miss this deadline. >> we are working hard to get there in the next 24 hours. i'm hopeful and optimistic. >> whenever we come up with will be imperfect. some people will not like it, some people will like it less, but that is where we are. >> the democratic leader said it will prevent a tax hike on middle-class families are not up to a quarter million dollars. that condition, in
cuts that take effect january 1. >> the hour-long meeting with president barack obama was the first face-to-face session together with both republican leaders of the latest fiscal crisis. obama said he was modestly optimistic about the agreement by senate leaders on a compromise bill that could be voted on by monday. that is just two days before 6 under billion dollars of automatic tax hikes and spending cuts begin to take effect -- $600 billion of automatic tax hikes and spending cuts...
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Dec 26, 2012
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president obama meeting with the most respected ceos. ceos. and they convince them to take the path of prosperity? [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis sympto. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without
president obama meeting with the most respected ceos. ceos. and they convince them to take the path of prosperity? [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go...
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Dec 29, 2012
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president obama's meeting with congressional leaders ended about an hour ago. the president will make a statement on the fiscal cliff at 5:45 eastern time. we'll take that same live at fbn we have a picture of the white house for you and we will keep you posted when the president comes to the camera. >>> the oil boom doing more than increasing chances we'll become energy independent. it is also bringing about booming investment in the transportation industry. a new report says estimated $45 billion, you heard me correctly, $45 billion bucks will be spent new, expanded pipelines, railcars, rail terminals and that is just next year. how do you get in on this, right? it is a windfall. but is it realistic? we'll turn to andy lipow. andy i would have assumed it was shipped by pipeline. what is it about railcar? it seems awfully 19th century to ship oil that way. >> it is new development in the oil patch but if you look at oil production in north dakota, we simply don't have pipeline to move that oil east and west coast where we have significant amount of refining ca
president obama's meeting with congressional leaders ended about an hour ago. the president will make a statement on the fiscal cliff at 5:45 eastern time. we'll take that same live at fbn we have a picture of the white house for you and we will keep you posted when the president comes to the camera. >>> the oil boom doing more than increasing chances we'll become energy independent. it is also bringing about booming investment in the transportation industry. a new report says...
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Dec 28, 2012
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president obama meets with congressional leaders to avoid the fiscal cliff. a nation members the man who led allied forces in the 1991 gulf war -- a look back at the light of retired general norman schwarzkopf. >> it is friday, december 28. i am scott thuman. jacqui jeras -- we have a good day ahead of usaheadright? >> -- and head of us>right? >> we will come back in just a second. what are the roadway's like their? >> at cedar lane, it is a water main break -- traffic is heading toward southbound. squeezing by to the right. water main work continues. southbound at cedar lane. you can see everybody moving over to the right. northbound most of it is open. hopefully it will be cleaned up but right now it looks like it is still active there. take you to the beltway -- silver spring, that looks pretty good. no problems around the beltway right now. everything is starting off very smith. over toward river road -- we are also ok on the beltway. no problems to report early this morning. virginia -- springfield looking good with light traffic heading north down. hov
president obama meets with congressional leaders to avoid the fiscal cliff. a nation members the man who led allied forces in the 1991 gulf war -- a look back at the light of retired general norman schwarzkopf. >> it is friday, december 28. i am scott thuman. jacqui jeras -- we have a good day ahead of usaheadright? >> -- and head of us>right? >> we will come back in just a second. what are the roadway's like their? >> at cedar lane, it is a water main break --...
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Dec 28, 2012
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president obama is scheduled to meet with congressional leaders at the white house this afternoon. senate majority leader harry reid says the likelihood of reaching a deal is a long shot. but senator charles schumer told the "today" show that the odds are better than people think. if a deal were to pass, senate house speaker john boehner would have to agree to take it to the floor of the republican controlled house. danielle nottingham has more. >> reporter: president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the closed door discussions are an attempt to reach a last- minute agreement to avoid automatic spending cuts and tax increases due to kick in on january 1st. >> probably the worst case scenario will come out of this maybe today and -- meeting today and that is we will kick the can down the road. >> reporter: senator bob corker told "cbs this morning" he predicts the meeting wil
president obama is scheduled to meet with congressional leaders at the white house this afternoon. senate majority leader harry reid says the likelihood of reaching a deal is a long shot. but senator charles schumer told the "today" show that the odds are better than people think. if a deal were to pass, senate house speaker john boehner would have to agree to take it to the floor of the republican controlled house. danielle nottingham has more. >> reporter: president obama is...
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Dec 28, 2012
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president obama will meet with congressional leaders this afternoon at the white house. the goal is to end the stalemate and reach a deal. now the latest. >> president obama will meet with congressional leaders later today at the white house. it may be too late for deal. does the four days left before the deadline. >> i have to be honest, mr. president, iti don't know how it can happen now, why. >> the senate majority leader last out at john boehner, accusing him of running a dictatorship. >> he seemed to care more about keeping his speakership than keeping the nation on sound financial footing. >> republican leaders blamed the democrats and say there are limits to a compromise. >> republicans should not have to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that would not be fair to the american people. >> president obama flew home early from his vacation yesterday. speaker braoehner call the house back into town. but they understand their actions may not be enough to appease the american people. >>
president obama will meet with congressional leaders this afternoon at the white house. the goal is to end the stalemate and reach a deal. now the latest. >> president obama will meet with congressional leaders later today at the white house. it may be too late for deal. does the four days left before the deadline. >> i have to be honest, mr. president, iti don't know how it can happen now, why. >> the senate majority leader last out at john boehner, accusing him of running a...
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. >>> reporter: in what's seen as a last-minute attempt to reach a deal, president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because both sides are involved in a high stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at wah he proposes but the truth is we are coming up against a hard deadline and as i said this is a conversation we should have had months ago. >> reporter: democrats want to extend the bush-era tax cuts to everyone except those americans making $250,000 or more a year. many republicans are again
. >>> reporter: in what's seen as a last-minute attempt to reach a deal, president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because...
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. >> reporter: good morning, president obama will meet be lawmakers this afternoon. time is running out with no deal in sight. president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. there's just four days left before the fiscal cliff deadline. >> i have to be very honest, mr. president. i don't know, time-wise, how it can happen now. >> reporter: senate majority leader, harry reid, lashed out at house speaker, john boehner, accusing him of running a dictatorship. >> john boehner seems to care more about his leadership than keeping the country on a secure footing. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama flew home early from his hawaii vacation yesterday. speaker boehner called the house back into town for an unusual sunday session. but members of congress understand the 11th-hour actions may not be enough to appease the pu
. >> reporter: good morning, president obama will meet be lawmakers this afternoon. time is running out with no deal in sight. president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. there's just four days left before the fiscal cliff deadline. >> i have to be very honest, mr. president. i don't know, time-wise, how it can happen now. >> reporter: senate majority leader, harry reid, lashed out at house speaker,...
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with historians that president obama held in the white house. >> guest: very interesting meeting. it took place when he was in office only five months. and he invited nine liberal historians to have dinner with him in the family quarters. no conservative historians were invited. and during that dinner he laid out for them early, early, early in his term in office his view of what he would accomplish. and basically, what he said is he wants to be a transformational president who would bring social equality, greater social equality to the united states by spreading the wealth around, that he believed in a more corporatist system of economy meaning that big government, big corporations and big unions would decide who's going to win and who's not going to win, and that he would take a less aggressive role abroad in what we now call lead from behind. a lot of these historians wondered how he was going to accomplish so much when he had two wars going on at that time in iraq and afghanistan, and even lyndon johnson couldn't get a lot of his domestic stuff passed when he had two wars goin
with historians that president obama held in the white house. >> guest: very interesting meeting. it took place when he was in office only five months. and he invited nine liberal historians to have dinner with him in the family quarters. no conservative historians were invited. and during that dinner he laid out for them early, early, early in his term in office his view of what he would accomplish. and basically, what he said is he wants to be a transformational president who would...
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. >> as president obama meets with congressional leaders at the white house, we speak outgoing democratic congress member dennis kucinich abouthe so- called fiscal cliff and a bill to continue the controversial domestic surveillance program. then, will the government -- of nerve north carolina pardon the wilmington 10? >> it is not a secret an injustice has been done. now, governor perdue has an opportunity to right the wrong. we cannot go back to 1980. this is 2012. >> the north carolina governor is being urged to pardon a group of civil rights activists were falsely convicted and imprisoned 40 years ago for the firebombing of a white owned grocery store. the conviction wic overturned in 1980, but the state has never pardon them. we will speak with one of the wilmington 10 who served eight years behind bars and it became head of the naacp. all of that and more coming up. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. president obama is set to meet with congressional leaders at the white house just three days before a year in deadline to avoid the s
. >> as president obama meets with congressional leaders at the white house, we speak outgoing democratic congress member dennis kucinich abouthe so- called fiscal cliff and a bill to continue the controversial domestic surveillance program. then, will the government -- of nerve north carolina pardon the wilmington 10? >> it is not a secret an injustice has been done. now, governor perdue has an opportunity to right the wrong. we cannot go back to 1980. this is 2012. >> the...
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david gregory's interview with president obama on "meet the press." i'm chris jansing. i'll see you back here tomorrow morning. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq.
david gregory's interview with president obama on "meet the press." i'm chris jansing. i'll see you back here tomorrow morning. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq.
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Dec 28, 2012
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president obama meeting with the leaders at the white house. misreporting going on that the president had a new deal, looked like progress was made. no. the president had the same deal that republicans walked away from about a week ago, if you call it a deal, the deal is that he won't tax people higher above the 400,000 mark. shibani: the meeting still going on, rich edson live at the white house with the latest details. what do we know now, rich? >> what we got from an administration official, that president obama offered what he detailed in the speech a week ago keeping tax rates where they are for families earning less than $250,000 a year, extending long term unemployment insurance policy, and that bit of detail he gave a week ago in a speech is basically derived from the larger deficit proposal offered over, really, the last couple years as president of the united states. we're waiting whether or not in the meeting, lasting an hour at the white house, started at 3:10, is whether or not they made progress towards changing that proposal in a
president obama meeting with the leaders at the white house. misreporting going on that the president had a new deal, looked like progress was made. no. the president had the same deal that republicans walked away from about a week ago, if you call it a deal, the deal is that he won't tax people higher above the 400,000 mark. shibani: the meeting still going on, rich edson live at the white house with the latest details. what do we know now, rich? >> what we got from an administration...
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president obama will be meeting with congressional leaders later today. nbc's danielle leigh joins us live with the latest on capitol hill. danielle what is the datest in terms of what we can expect in the next coming days and the likelihood that they can reach a deal? >> reporter: mara, good morning. well, this meeting that is the last meeting at the white house is going to be integral. they need to see progress in this meeting if they're going to get a deal done before midnight on monday. as you know, the senate keim back early from the christmas holiday yesterday. but they didn't seem able to compromise. they continued the bickering. the house wasn't even here. they're not even in play yet. they're not back until sunday. we need to see congressional leaders see some kind of a plan that can be voted on before that december 31st deadline. lawmakers say it's getting decreasingly unlikely that's going to happen. a deal before the new year, although they seem it's possible, many think a deal will more likely come early in the new year, mara. >> and danielle
president obama will be meeting with congressional leaders later today. nbc's danielle leigh joins us live with the latest on capitol hill. danielle what is the datest in terms of what we can expect in the next coming days and the likelihood that they can reach a deal? >> reporter: mara, good morning. well, this meeting that is the last meeting at the white house is going to be integral. they need to see progress in this meeting if they're going to get a deal done before midnight on...
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Dec 28, 2012
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with the story that president obama held at the white house. >> a very interesting meeting. it took place when he was in office only five months and he invited nine liberal historians to have dinner with him and the family quarters. no conservative historians were invited. during that dinner, he laid out for them early, early, early in his term in office, what he would accomplish and basically what he said is he wants to be a transformational president who would ring social equality, greater social equality to the united states by spreading the wealth around and he believed in a morgue corporatist system of the economy, meaning that a government and big corporations and big unions would decide who is going to win and who is not going to win. and he would take a lesson -- a less aggressive role abroad and what we now call lead from behind. a lot of these historians wondered how he was going to accomplish so much when he had two wars going on at that time in iraq and afghanistan. even lyndon johnson couldn't get a lot of his domestic stuff pass when he had two wars going but o
with the story that president obama held at the white house. >> a very interesting meeting. it took place when he was in office only five months and he invited nine liberal historians to have dinner with him and the family quarters. no conservative historians were invited. during that dinner, he laid out for them early, early, early in his term in office, what he would accomplish and basically what he said is he wants to be a transformational president who would ring social equality,...